A Company Issued 60 Shares of $100 Par Value Stock

question 105

Multiple Choice

A company issued 60 shares of $100 par value stock for $7,000 cash.The total amount of contributed capital is:

• A)$100
• B)$600
• C)$1,000
• D)$6,000
• E)$7,000

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Definitions:

Avoidance Theory

A psychological theory suggesting that individuals may engage in certain behaviors to avoid experiencing discomfort or distressing thoughts and feelings.

Bodily Arousal

The physiological response of the body to stimuli, often leading to an increase in heart rate, blood pressure, and energy level as part of the fight or flight response.

Irrational Assumptions

Erroneous beliefs that lack evidence or rationality, often leading to maladaptive emotions and behaviors.

Existential Anxiety

According to existential theorists, a universal fear of the limits and responsibilities of one’s existence.